$APT Short Liquidation Alert
A significant short position worth $41.4K was liquidated at $8.776.
This signals strong buying pressure, forcing sellers out of the market.
What’s Next?
After this large liquidation, APT could see continued bullish momentum or short-term consolidation. Let’s prepare a solid trading setup:
Buy Zone:
$8.60 - $8.80
This is a strong support range where buyers may continue to dominate. Wait for confirmation like a bullish candle or increased volume before entering.
Targets:
1. Short-Term Target: $9.10
This is the first resistance level. Secure partial profits here.
2. Mid-Term Target: $9.50
A breakout could push $APT to this key level.
3. Long-Term Target: $10.00
If momentum remains strong, this psychological level could be tested.
Stop Loss:
Place your stop-loss at $8.50.
This is slightly below the buy zone, minimizing potential losses.
Key Tips:
1. Watch Volume: Strong volume near the buy zone strengthens the bullish case.
2. Monitor BTC: $APT ’s price often reacts to Bitcoin’s movements, so stay aware of market trends.
3. Risk Management: Limit your trade risk to 1-2% of your portfolio for better control.
Stay focused and patient. Stick to the plan for consistent trading success!
This is for informational purposes only. Always DYOR before making any decisions.
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